[12] In 2018, Commercetools announced a $17 million investment to support its international expansion.
[14] In 2020, Commercetools established a presence in Australia, with a team in Melbourne and a data center in Sydney.
[15] In 2019, commercetools raised $145 million from venture capital firm Insight Partners.
[18] In May 2021, REWE group announced additional investment into Commercetools to fund growth into the Chinese market.
[19] In September 2021, commercetools raised $140m in its series C round, led by venture capital firm Accel, valuing the company at $1.9 billion.